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821  Economy / Economics / Re: Anybody on here trade stocks and bitcoin? on: March 18, 2014, 03:38:17 PM
Well marijuana related stocks would grow for rather long time now I'm afraid. Demand is limitless in US

Many marijuana penny stocks are pump and dumps. Few are legitimate.
822  Economy / Speculation / Re: WTF is going on!? on: March 18, 2014, 02:59:00 PM
Well, It's funny that 1$ increase in LTC is a "skyrocket" and 10-12$ drop in BTC is crash for people these days.

Percentage wise a $1 increase in LTC is far greater than $10-20 BTC swings.
823  Economy / Service Discussion / Re: Blockchain.info been down quite a while now on: March 18, 2014, 01:15:53 PM
They are going to pull a Gox on you all.  Tongue
824  Bitcoin / Bitcoin Discussion / Re: Who the hell is Max Keiser? on: March 18, 2014, 11:09:47 AM
Meanwhile, everyone here and on reddit were perfect voices of reason, sober in their advice, and they all sold off their bitcoin minutes before Chinese regulators spooked the entire market, causing the massive sell-off, which was entirely predictable to any insider.  Oh wait, that's not what happened.  Everyone else was going "full retard" here, and no one could predict that the Chinese government would "ban" bitcoin, causing the market to lose a significant chunk of its value in hours.

You can't compare Max Keiser (a former stock broker with advanced financial knowledge) to reddit noobs and bitcoin geeks who know nothing about finance. Anyone with the slightest TA skills could have spotted that ~1k was definitely a near term top and not advisable for new people to get into, yet despite this knowledge Max Keiser continued pumping the shit out of bitcoin. He is definitely predatory in nature and his history of pumping silver at the top and the recent Quark and Maxcoin scams clearly show this.

Ironically, Max often bitches about banksters pumping bubbles, but at least their analysts rarely advice people to get into the top of markets.
825  Alternate cryptocurrencies / Altcoin Discussion / Re: Juba - The first cryptographic coin to promote peace in the Middle East! on: March 18, 2014, 03:05:20 AM
It's not a pump and dump. All pre-mined coins will be held until claimed or until they're given away to charity.

It is a pump and dump, those poor Palestinians will be left holding the bag with worthless Juba coins. Better get them to invest in bitcoin instead.
826  Economy / Speculation / Re: Will you still have bitcoins when the USD price hits $5000 on: March 18, 2014, 02:41:55 AM
Depends on the momentum, but I believe that the next bubble is likely bitcoin's final bubble.
827  Alternate cryptocurrencies / Altcoin Discussion / Re: Juba - The first cryptographic coin to promote peace in the Middle East! on: March 18, 2014, 02:39:13 AM
Epic fail.

Just another alt pump and dump.

If Middle Easterners want to get into crypto, the only valuable coin for them is bitcoin.
828  Economy / Speculation / Re: When does adoption begin to push up BTC price? on: March 18, 2014, 02:26:38 AM
I remember reading somewhere that if bitcoin currently was merely used as a payment system and not an investment vehicle the price would be about $60. I think it was Marc Andreessen who recently said this.
829  Bitcoin / Bitcoin Discussion / Re: Joe Rogan comments on Bitcoin again on: March 18, 2014, 02:23:40 AM
Joe Rogan got into bitcoin via Silkroad.  Cheesy
830  Bitcoin / Bitcoin Discussion / Re: Who the hell is Max Keiser? on: March 17, 2014, 08:25:40 PM
He was also telling people to buy BTC when it was $10...

Keiser went full retard in the 800-1200 zone... even the youtube commenters got sick of him mentioning bitcoin in almost every single show during the top of the bubble.

He obviously knew that it was the near term top, but continued promoting it to more suckers, so he could sell most of his stash.
831  Bitcoin / Bitcoin Discussion / Re: Who the hell is Max Keiser? on: March 17, 2014, 08:06:21 PM
Although Max Keiser is quite a funny financial pundit, he often promotes horrible financial decisions. Promoting people to continue buying at the top of bubbles (silver a few years ago, and recently (late-2013) with bitcoin).

I wouldn't be surprised if he was actually selling most of his holdings when he is most vocally hyping.
832  Economy / Speculation / Re: Just moved half of my funds off Bitstamp back into nice safe and warm Bank Konto on: March 17, 2014, 06:12:49 PM
I took a significant portion of my BTC play money off the exchanges as well. Used it instead to speculate on hot stocks (shorting them mainly) and it has been more productive than waiting for bitcoin to come out of this triangle of doom and low volatility.
833  Economy / Speculation / Re: Bitoin could worth more than half a million dollars each on: March 17, 2014, 02:22:08 PM
It's far too easy to hack or gox people (high counter-party risk with exchanges) at the moment, no sane person would pay 500k for it.
834  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2014, 02:03:20 PM
Triangle of doom seems still in effect.
835  Bitcoin / Bitcoin Discussion / Re: The real price of bitcoin, less than an iphone app on: March 16, 2014, 01:37:25 PM
These apps have millions of users that use it daily. Bitcoin has at most probably only 50-100k genuine active users (whales who are splitting up wallets skew data imo). So, it's not comparable at all. Also, their network effect is faster as there is less skepticism towards these apps compared to bitcoin.

Valuation is accurate at the moment, until bitcoin becomes more user friendly and secure.
836  Economy / Service Announcements / Re: Bad news SMS reports [new service] on: March 16, 2014, 12:32:58 PM
By the time you realize there is an issue and manually put out a text message, every automated BOT in existence will have already executed a trade.  Not to mention by the time your recipients get the text and react everyone else would have already got a twitter feed and reacted sooner.  I see no benefit in your system.

A tool that prevents you from panic selling would be more valuable.

 Grin very funny, I wish I had such a tool, once I was very stupid being in a hurry sold too much Cry

If you panic sell before most, wait a little bit, you can buy back and have more bitcoins.  Grin
837  Economy / Speculation / Re: Where's the volume!!??? on: March 16, 2014, 12:36:40 AM
Bollinger Bands are contracting due to low volume, expecting a spike up or down in the next couple of days. Since the spike up hasn't been reinforced by much buying interest I am expecting down.
838  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2014, 03:01:16 PM
600s seems like the new lower 800s boredom of January.
839  Economy / Speculation / Re: Check out this poll on Bitcoin - 95% would never buy!!! on: March 15, 2014, 05:07:55 AM
Context of the article skews the poll results.

That's like first showing Detroit to non-Americans and then asking what they think of the US.
840  Economy / Speculation / Re: What would a whale do? on: March 14, 2014, 03:54:59 PM
Whales are still bound to the principles of TA, unless they want to lose money. It's not like these guys are like the fed with unlimited funds.
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